Is Welborn Township, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Welborn Township was a Seller's Market.
Housing Prices in Welborn Township, AR
How much do homes in Welborn Township, AR cost?
Median Sold Price
$201,000
$116/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Welborn Township was $201,000 in May 2024, up 25.7% from last month, and the median price per square foot was $116.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $150.1K | $42.5K | -71.7% |
3 Bedrooms | $150K | $201K | +34.0% |
4 Bedrooms | $242.9K | $295K | +21.4% |
5+ Bedrooms | - | - | N/A |
Summary: Welborn Township housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 71.7%, 3 bedroom homes increased by 34%, 4 bedroom homes increased by 21.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Welborn Township | $159.9K | $201K | +25.7% |
Morrilton | $159.9K | $201K | +25.7% |
Housing Supply in Welborn Township, AR
How many homes are available in Welborn Township, AR?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
38 | 39 | +2.6% |
Summary: The Welborn Township real estate market had 39 homes for sale in May 2024, a 2.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 7 | 8 | +14.3% |
3 Bedrooms | 19 | 20 | +5.3% |
4 Bedrooms | 9 | 9 | 0.0% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Welborn Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 5.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
7 | 6 | -14.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Welborn Township in May 2024, down by 14.3% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Welborn Township, AR
We’re sorry, we don't have information for this market at the moment